Notice of Thirty-Sixth Annual General Meeting and the Annual Report for the Financial Year 2024-25, are attached.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lotus Chocolate Company has submitted its Annual Report for FY 2024-25 along with the Notice convening its 36th Annual General Meeting. The AGM will be held on Tuesday, September 30, 2025 at 11:00 a.m. via Video Conferencing, with remote e-voting open from September 25 to September 29, 2025. Key agenda items include adoption of audited FY25 financial statements, re-appointment of directors Mr. Ketan Mody and Mr. Asim Parekh (retiring by rotation), appointment of Mr. Natarajan Venkataraman as Whole-time Director for 5 years from July 16, 2025, and appointment of KSR & Co as Secretarial Auditor for FY 2025-26 to 2029-30. The Chairman's letter notes the company delivered revenue growth and a positive bottom line despite significant global cocoa price volatility, supported by prudent sourcing, domestic bean sourcing, and African bean procurement. The company also completed supply chain upgrades across its two processing units at Sangareddy, Telangana, and is focusing on expanding its consumer-facing chocolate and confectionery business via partnerships with Reliance Smart Points and Metro Cash & Carry. Statutory auditor is Deloitte Haskins and Sells LLP.
This is a routine annual disclosure ahead of the AGM and has no direct share price impact. Shareholders should review the annual report for detailed FY25 financials, segment performance, and the rationale behind the new Whole-time Director appointment before voting on the resolutions.